EFG Press Room
What are They Saying Behind Your Back
DALLAS (November 29, 2012) - Picture this. You’re enjoying a baseball game with your family when the general manager from your biggest competitor walks over and describes how people are coming to his dealership, ...
Auto Sales Rose 10% This Year. Want to Beat That?
DALLAS (November 1, 2012) - With long-term job growth, Americans are beginning to purchase the big-ticket items they’ve been holding off on.
Five Ways to Get More Sales
DALLAS (October 18, 2012) - In a high-energy and competitive sales environment, it can be difficult to recognize when it is necessary to strengthen your sales force strategy.
Four Steps to Achieving Your Loan Volume Goals
DALLAS (September 28, 2012) - In a competitive environment where low interest rates are table-stakes, what do you offer that drives auto loan growth?
The Second Wave is Coming: Do You Have Your Fins On?
DALLAS (September 27, 2012) - Even though women obtained upward mobility faster than any other group in the nation and control a vast majority of purchasing decisions today, dealerships still fail to market to them and create a retail environment and experience to capitalize on female purchasing power.
Are You Y-Lingual?
DALLAS (August 22, 2012) - What worked on Baby Boomers won't get Gen Y's attention – as consumers or prospective employees.
Create Peace of Mind to Boost Auto Loan Activity
DALLAS (August 13, 2012) - With $314M in assets, Dallas-based Neighborhood Credit Union generated an upswing in auto by bundling in loan forgiveness and other benefits from EFG.
Fatten Your Bankroll with Happy Customers
DALLAS (August 9, 2012) - In F&I negotiations, you've probably had a customer who adamantly refused to add F&I products because of a bad prior experience filing a claim.
Can Recruiters Find You Online?
DALLAS (July 26, 2012) - Whether you are a recent grad or have been around the employment block a few times and are looking to change careers, you are probably investing some time in posting your resume online.
Turn Gen Y Into Your Biggest Advocate
DALLAS (July 26, 2012) - Soon, the difference between a successful company and a failing one will be based on how well they’ve embraced Generation Y.
Credit Union Lets Members Walk Away From Auto Loans with MPOWER
DALLAS (July 26, 2012) - Neighborhood Credit Union gives members six months to walk away from their auto loan should unforeseen circumstances cause loss of income with their new product, MPOWER, created by EFG & SWBC.
Neighborhood CU Lets Members 'Walk Away From Your Loan' with MPOWER
DALLAS (July 24, 2012) - Neighborhood Credit Union recently implemented a new product on their car loans to better protect their members. MPOWER, created by EFG & SWBC, allows members who experience a reduction in their income to walk away from their auto loan obligation.
Neighborhood Credit Union's Success with EFG and SWBC
DALLAS (July 24, 2012) - Neighborhood Credit Union attributes its success in the DFW auto loan market to MPOWER, a suite of consumer protection products created by EFG Companies and SWBC. According to Mike Roark, senior vice president of lending and collections and Neighborhood CU, the credit union is on pace to see a three percent growth in their direct new car portfolio this month.
Turn Your Digital Marketing Efforts Into Profit
DALLAS (July 19, 2012) - You know the four pillars of marketing: Product, Price, Proximity and Promotions.
EFG Companies and Cooperativa de Seguros Multiples Restore Confidence in the Uncertain Consumer
DALLAS (July 12, 2012) - EFG Companies announced today a strategic partnership with one of the principal property and casualty insurance companies in Puerto Rico, Cooperativa de Seguros Múltiples (CSM), for the distribution of WALKAWAY® Protection Program for Automotive Financing through their cooperatives across Puerto Rico.
Drive Forever Worry Free Case Study
DALLAS (June 21, 2012) - Nyle Maxwell’s goal was to drive sales and dominate the marketplace by providing valuable coverage at not cost to the customer that spoke to the quality of product and the auto group's commitment to the customer.
EFG MAP: Not Just Another VSC
DALLAS (June 14, 2012) -
We have expanded our Motorist Assistance Plan (MAP®) from 6 classes to 9 on new vehicles and from 6 classes to 7 on used.
Motivating Purchase Behavior by Meeting the Changing Demands of the Post-Recession Consumer
DALLAS (June 13, 2012) - At their 82nd annual meeting in March of this year, Neighborhood Credit Union celebrated a $300 million milestone, attributing part of their success to EFG Companies’ MPOWER program.
EFG Sells CRM Software Suite to OptionSoft
DALLAS (June 7, 2012) - EFG Companies has sold its eight-year-old SalesEDGE CRM solution to OptionSoft, which will incorporate the software suite into its product portfolio.
EFG Pushes Retail Automotive Technology Forward
DALLAS (June 6, 2012) — EFG Companies announced today that after eight years of successfully implementing and managing its CRM software suite, SalesEDGE®, the company has carefully selected OptionSoft Technologies to take this technology forward.
Let Your Profit Work For You
DALLAS (May 31, 2012) — As a business owner, you’re always on the lookout for ways to offer your customers more value for their dollar while increasing your profits at the same time.
Cooperativa de Seguros Multiples Rolls Out Vehicle Return Program
PUERTO RICO (May 17, 2012) - In response to Puerto Rico's six-year-long economic slump, which has had an impact on local residents through high levels of unemployment and indebtedness, Cooperativa de Seguros Múltiples de Puerto Rico (CSM) launched Confía (Trust), a vehicle-return program, in conjunction with 16 island savings & loan co-ops (S&Ls).
EFG Ranks Number One of the Top Ten Providers of Vehicle Service Contracts
DALLAS (May 25, 2012) - Enterprise Financial has been in business for over 30 years. According to Consumer Auto Research, it is one of the preferred companies auto dealerships use. A full range of coverage is offered under the name " Tech Choice." This company has a Better Business Bureau A minus rating.
Gen Y: Why Bother? Why Not?
DALLAS (May 17, 2012) - Why bother with Generation Y? Well, why not? There are several benefits to employing Generation Y in the automotive industry. They bring to the table an intimate relationship with technology, a deep understanding of personal branding, excellent team cooperation and management skills, and they easily adapt to a fast paced sales culture.
Ensure Future Profits with Reinsurance
DALLAS (April 5, 2012) - Are you giving away your underwriting profits from your F&I products?
Invest in Your People. Grow Your Business.
DALLAS (March 22, 2012) - Did you know that poorly trained sales professionals lose an average of five sales per month?
EFG Companies Launches Professional Services Segment
DALLAS (March 8, 2012) - EFG Companies, a financial service products administrator, announced the establishment of a professional services division that will provide dealers with training, recruiting and marketing services. The division will be led by Chuck McGraw, senior vice president.
The Post Recession Consumer Eludes the Retail Finance Environment
DALLAS (March 8, 2012) - With more than 35 years of experience in finance and insurance in the automotive retail sector, EFG Companies today announced the establishment of its Professional Services division, led by Senior Vice President, Chuck McGraw, to address today’s constantly changing sales atmosphere. The company’s training, recruiting and marketing services take into account not only consumer behavior, but also industry and economic trends that affect profitability in automotive retail finance.
Technology That Keeps Your Business Moving
DALLAS (February 23, 2012) - Technology investments. You've undoubtedly made them. Technology advancements can certainly make your business run more efficiently and profitably.
Are Your People Making You Money?
DALLAS (January 12, 2012) - Have you ever been in a position where you knew you didn't quite fit? Or better yet, have you ever managed a team where you knew a team member's skills just weren't going to cut it in their current role, but you felt in your gut they had the potential to provide great value?
The Power of Evolution
DALLAS (November 3, 2011) - EFG Companies announced today the launch of their new corporate website and a new logo as part of the evolution of EFG’s brand.